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The largest amount of the estate will be headed to Mary’s relatives in Bulgaria. If Mary had lived in Missouri, mostly likely the distribution would have gone to fewer family members

that their children do not receive their inheritances until a certain age or until certain conditions have Since trusts do not have to go through probate, which is a matter of public record, the terms of the

Kiplinger’s Retirement Report points out in “Old Trusts Create Tax Issues for Heirs,” estate tax laws have

delivers in terms of providing a tax shelter and also allowing beneficiaries to avoid the hassle of having But there have been legal fights over such matters in some states and so some legal observers recommend Just to be a bit more safe, a couple might consider executing a pre- or post-nuptial agreement that acknowledges

Because there is no will to direct the distribution of assets, the courts will have a bigger say in what If the decedent created a trust, it may have been for the very purpose of protecting assets from exorbitant or make referrals for beneficiaries who find themselves in need of their own advice after inheriting wealth

Assets One of the things a living trust can do is designate a trustee to manage the funds when you have Protecting Your Wishes Many people are surprised to learn that even if they have a will, the estate will still have to go through probate. It is not particularly uncommon for a Texas probate lawyer to have to contend with family members who living trust is less likely to be contested, mainly because the person creating the trust will often have

In order to do this appropriately, though, you will want to have your trust lawyer look into how to make Many nonprofit organizations have made it very simple for supporters to bequeath them funds in this way You may also have a specific type of activity that you want your money used for.

As if losing a loved one is not hard enough, will and trust lawyers around the country have been seeing an increase in identity theft of those who have passed away. Some even file tax returns for those who have passed away and then receive the refund! had an account (bank, mortgage company, credit card providers, etc.) Again, have them list the individual as deceased. · Cancel their driver’s license.

Part of the American Dream is to create wealth for yourself and your family, and business lawyers in Houston have seen again and again, that one of the best ways to do this is through founding your own While creating wealth is certainly the goal for many small businesses, the owners’ concern should extend in how to properly protect that wealth. This protects partners and shareholders, and can even have an impact on your personal life and finances

not always easy, but laying out a clear roadmap early on can actually be beneficial to the overall health Money issues are a huge contributor to unhappiness in a partnership, and Houston family lawyers have combine (or not) your finances. · What are your expectations when it comes to money · Which finances and accounts This should include: · Income (wages, businesses, investments) · Assets (accounts, stocks, retirement and what you need, you can develop a plan to help meet your current requirements, as well as to save

Will lawyers in Houston have more or less seen it all, yet things still come as a surprise to our clients Even if you have a will, #1 applies. 3. If you do not have a will or trust, the courts will decide who gets your assets and even who becomes To ensure your pets and children have money when they need it, it is often best to create a trust to

not always easy, but laying out a clear roadmap early on can actually be beneficial to the overall health Money issues are a huge contributor to unhappiness in a partnership, and Houston family lawyers have combine (or not) your finances. · What are your expectations when it comes to money · Which finances and accounts This should include: · Income (wages, businesses, investments) · Assets (accounts, stocks, retirement and what you need, you can develop a plan to help meet your current requirements, as well as to save